search query: @author Galbraith, J. K. / total: 5
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| Author: | Galbraith, J. K. |
| Title: | Economics in the century ahead |
| Journal: | Economic Journal
1991 : JAN, VOL. 101:104, p. 41-46 |
| Index terms: | ECONOMICS POLITICS SOCIAL SCIENCES ECONOMIC GEOGRAPHY ECONOMIC SYSTEMS FUTURE |
| Language: | eng |
| Abstract: | According to the author, economics is seen as in a continuing process of transformation. It is compared with the development of hard sciences. Economics depends always on politics. It is hoped, however, that economics in the future will not be confined in its concern to the relatively affluent countries. The Central European countries, the USSR and China must make their way from a system that does not work to the pragmatic structure that serves Western Europe, the United States, and the Pacific lands. In the non-socialist world economics must come abreast of the modern institutional structure, not to be in the service of politics but be responsive to larger social needs. |
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